Endurance Warranty Services Named One of the 250 Most Successful Companies in the Midwest
Endurance Ranks No. 81 on the inaugural 2020 Inc. 5000 Series: Midwest With Two-Year Revenue Growth of 215%
CHICAGO, April 28, 2020 /PRNewswire-PRWeb/ -- Endurance is proud to announce it's been named number 81 in Inc.'s first annual list of America's top businesses in the Midwest. Born of the annual Inc. 5000 franchise, this is the most prestigious ranking of the fastest-growing private companies in Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. The regional list represents a unique look at the most successful companies within the Midwest economy's most dynamic segment—its independent small businesses.
"As a five-time recipient of awards from the Inc. 5000 Series, including the Inc. 5000 list of fastest-growing companies in America. we're honored to receive this coveted distinction for Midwest businesses," said Paul Chernawsky, Founder of Endurance. "Our number one priority is always to ensure drivers across the country have peace of mind and protection from unexpected auto repairs. Thanks to our hundreds of Midwest-based employees, we've been able to help more and more customers every year get the protection and confidence they need for the road ahead."
With offices based in Illinois and Missouri, Endurance has had a strong impact on the Midwest automotive industry market since 2006. Endurance is the national leader in auto protection for over 340,000 drivers and offers a wide array of coverage options to protect auto owners from the financial hardship that can result from unexpected, costly auto repairs. In 2019 alone, Endurance approved over 27,000 automotive repair claims for different makes and models that totaled more than $24 million.
In 2019, Endurance also launched the Endurance Elite Membership. Included with every vehicle service contract and more than a $2,000 value, Elite provides additional benefits to drivers like valuable shopping vouchers, tire replacement, key fob replacement, ID theft protection, and much more. By prioritizing the customer experience on-and-off the road, Endurance has developed loyalty and growth in its field.
The companies on the Inc. Midwest list shows stunning rates of growth across all industries in the twelve states. Between 2016 and 2018, these 250 private companies had an average growth rate of 360 percent, and, in 2018 alone, they employed more than 27,000 people and added $13 billion to the Midwest's economy. Companies based in Chicago, Detroit and Cincinnati brought in the highest revenue overall.
"The companies on this list demonstrate just how much the small-business sector impacts the economies of each Midwest state," says Inc. editor in chief Scott Omelianuk. "Across every single industry, these businesses have posted revenue and growth rates that are beyond impressive, further proving the tenacity of their founders and CEOs."
Complete results of the Inc. 5000 Series: Midwest list, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/inc5000-series-midwest-2020 starting March 25, 2020.
About Endurance Auto Protection
Founded in 2006, Endurance Warranty Services is the most customer-driven company in the vehicle protection industry. Named one of the largest and fastest-growing companies in Chicago by Crain's and continuously climbing the Inc. 5000 list of fastest-growing companies in America, Endurance protects thousands of drivers from the high cost of repair bills every day. Endurance is the only company industry-wide that is Gold-Certified by the Vehicle Protection Association, and all Endurance policies are backed by an AM Best "A" rated insurance company. By delivering world-class service to every customer, current or future, Endurance continues to reign as the premier provider of vehicle protection in the nation. To learn more or request a free quote, visit http://www.endurancewarranty.com.
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
SOURCE Endurance Warranty
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